Make Informed Hiring Decisions and Maximize Talent Invesments
Why Identifying the Right Leadership Talent Matters
Many organizations struggle with identifying the right people to assume leadership roles. In many cases, they’re basing their decisions on flawed criteria—making the assumption that high performing employees are the best fit for leadership roles. However, research shows that only 1 in 7 high performers have the potential to succeed in a leadership role.
In other words, if your organization uses flawed criteria to identify leadership candidates, it may be wasting up to 85% of its leadership development resources and budget on the wrong people—and even more on rectifying the problems caused by poor promotion decisions.
Assessments help you build a strong leadership pipeline for succession planning.
Identifying High-Potential Leaders for Succession Management
Thankfully, there is a better way to identify high-potential employees who have what it takes to succeed in a leadership role. Using a robust, data-driven process to assess leadership potential allows organizations to find the right talent to fill their succession management pipeline.
OnPoint has extensive experience working with a variety of organizations to help them develop succession management strategies. Over the years, we have established a reliable approach to identifying high-potential leaders.
These tools have helped companies such as AmeriGas, Boehringer Ingelheim, and GlaxoSmithKline perfect their succession management strategies and build a robust pipeline for critical leadership roles.
Our approach typically includes a combination of:
Custom tools to measure leadership potential
Personality tests to assess potential
Feedback from direct reports, managers and others
Check out the following resources for leadership assessment.
Webinar Cultivating Future Leaders - How AmeriGas Built a Talent Pipeline
See how AmeriGas applied best practices in succession to develop future Area Directors and learn how your company can do the same.